Colonial Mutual General Insurance Co Ltd v ANZ Banking Group (New Zealand) Ltd - [1994] 3 NZLR 136

Insurance — Property insurance — Interest of second mortgagee noted by insurer — Change of insurer — Whether second mortgagee's interest sufficiently notified to new insurer — Effect of mortgage provisions assigning insurance proceeds to mortgagee to the extent of mortgagee's interest.

Equity — Assignment — Notification of second mortgagee's interest in insurance policy — Whether terms of mortgage document constituted assignment of proceeds of fire insurance policy.